DaVita HealthCare Partners Inc (DVA)
Current ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 3,746,070 | 3,137,910 | 3,155,290 | 3,167,720 | 3,148,720 |
Total current liabilities | US$ in thousands | 2,973,410 | 2,642,210 | 2,619,750 | 2,398,530 | 2,476,140 |
Current ratio | 1.26 | 1.19 | 1.20 | 1.32 | 1.27 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $3,746,070K ÷ $2,973,410K
= 1.26
DaVita HealthCare Partners Inc's current ratio has exhibited some fluctuations over the past five years. From December 31, 2020, to December 31, 2021, the current ratio increased from 1.27 to 1.32, indicating an improved ability to cover short-term obligations with current assets. However, in the subsequent years, the current ratio slightly declined to 1.20 by December 31, 2022, and further to 1.19 by December 31, 2023, suggesting a potential strain on liquidity. The ratio rebounded to 1.26 by December 31, 2024, but remained lower than the previous peak. Overall, while the current ratio has fluctuated, it generally indicates that the company has had an acceptable level of current assets to meet its short-term liabilities, although the recent downward trend may warrant further investigation into the company's liquidity management.
Peer comparison
Dec 31, 2024